Rare Opportunity in Richmond Hill – Two-Family Home With Exceptional Potential. Proudly offered for the first time in over 50 years, this two-family residence presents a unique opportunity in the heart of Richmond Hill. Brimming with classic character, this long-standing home offers generous layouts, original details, and the solid foundation of a property that has been well cared for over decades. Ideal for investors, developers, or end users seeking a project, the home is a true fixer-upper with significant upside. Its flexible two-family configuration provides the potential for strong rental income or a customized multi-generational living setup. Perfectly positioned near major transportation options, shops, and neighborhood amenities, this property combines convenience with long-term investment value. With vision and renovation, this charming Richmond Hill home can be transformed into a standout asset. An exceptional opportunity to reimagine a classic property in a highly desirable Queens location.
Listed by Nicole Fernandez
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LAFFEY REAL ESTATE
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718-224-3900
Listed by Christopher Fernandez
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LAFFEY REAL ESTATE
Last updated December 03, 2025
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Source: OneKey #939223
Listing Facts
TypeMulti-family
NeighborhoodRichmond Hill
Bedrooms3
Bathrooms2
Days on Prevu10
Taxes$2,139.64/year
Amenities
Air Conditioning
Location
Mortgage Calculator
Listing History
12/01/2025
Listed by LAFFEY REAL ESTATE
$849,000
Estimated Closing Costs
Total
$26,395
Attorney Fees
$4,000
Title Insurance
$3,821
Bank Attorney
$1,500
Mortgage Recording Tax
$13,074
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $849,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 89-10 121st Street
Exterior
Construction
Number Of Units Total: 1
Property Condition: Fixer
Window Features: Blinds
Year Built: 1920
Architectural Style: Colonial
Construction Materials: Brick, Vinyl Siding
Features
Fencing: Back Yard, Chain Link
Measurements
Building Area Total: 1,344
Building Area Units: Square Feet
Lot Features: Back Yard, Garden, Near Public Transit, Near School, Near Shops
Lot Size Acres: 0.06
Lot Size Square Feet: 2,693
Financial
Taxes
Parcel Number: 09347-0006
Tax Annual Amount: $2,139.64
Tax Assessed Value: $46,680.00
Tax Year: 2024
Interior
Features
Flooring: Carpet
Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Entrance Foyer
Rooms
Basement: Unfinished
Has Basement: Yes
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 3
Other
Features
Accessibility Features: Accessible Approach With Ramp, Accessible Bedroom, Accessible Entrance
Location
Tax Block: 9347
Tax Lot: 0006
Parking
Parking
Garage Spaces: 1
Garage: Yes
Parking Features: On Street
Schools
Elementary School
Elementary School: Ps 51
Elementary School District: Queens 27
High School
High School: Richmond Hill High School
High School District: Queens 27
Middle or Junior School
Middle Or Junior School: Ms 137 America'S School-Heroes
Middle Or Junior School District: Queens 27
Utilities
Equipment
Cooling: Central Air
Heating: Hot Air, Natural Gas
Laundry Features: In Basement
Sewer: Public Sewer
Utilities: Trash Collection Public, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 3 bedrooms and 2 bathrooms in this multi-family home at 89-10 121st Street.
What schools are nearby to 89-10 121st Street?
Nearby schools include the Ps 51 Elementary School, Ms 137 America'S School-Heroes Middle School, and Richmond Hill High School.
Does this multi-family home have parking?
Yes, there is 1 parking space available for 89-10 121st Street.
What are the annual taxes for 89-10 121st Street?
Annual taxes for this multi-family home are estimated at $2,139.
How does 89-10 121st Street compare to other multi-family homes in Richmond Hill?
This multi-family home is listed 27% below the average price for multi-family homes in Richmond Hill and has been on the market for 107 less days than the typical home in this area.
89-10 121st Street is a 3-bedroom, 2-bath multi-family home for sale in Richmond Hill NY 11418. Listed on Prevu for 10 days at $849,000. This property is located in Richmond Hill. The median listing price for multi-family homes in this area is $949,999. Nearby schools include Ps 51 Elementary School, Ms 137 America'S School-Heroes Middle School, and Richmond Hill High School. Additional amenities include air conditioning. Browse more multi-family home listings in Queens.
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